SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (55941)11/15/2004 1:53:01 AM
From: Seeker of Truth  Read Replies (2) | Respond to of 74559
 
<Why Cameco> etc.
A major Toronto broker says that
1. Almost 100% of Cameco's 2004 production is hedged, i.e. presold at a fixed price. In 2005 that becomes 65% and after that steadily less. So their profits will soar.
2. They predict a price of 140 within a year.
Not my prediction, Jay.